As we move towards the end of the high season in the Coachella Valley, we seem to be entering a “new normal” in the real estate market, with the inventory at a plateau, sales down compared to this time last year, and a slight dip in average selling prices ...

The real estate market in the Coachella Valley has undergone significant changes in January 2023 compared to the same month last year. According to recent statistics, the number of homes for sale has increased by an astounding 215.3%, from 602 in January 2022 to 1,898 in January ...

The Coachella Valley real estate market in December 2023 saw some significant changes compared to the previous year. The number of homes for sale increased by 203.6% from 617 in December 2021 to 1873 in December 2022. This increase in inventory is a positive indication of a ...

The Coachella Valley real estate market has clearly moved into a neutral market with over five months of inventory available. That’s a significant increase from the first half of 2022, where months of inventory were often below one. With more options for buyers and sellers seeing more competition from ...

The Palm Springs area real estate market had a slow week last week, primarily due to the long Thanksgiving weekend. Our new listings were way down, new escrows were down, and price reductions were down.

The only key stat that was up was the average selling price. Inventory is ...

The Coachella Valley real estate market has entered a neutral market! After two years of a hot seller’s market, we are now returning to a balanced market where neither the seller nor the buyer has the upper hand. Everything is NEGOTIABLE! 

We have seen a steadily increasing number ...

Inventory continues to climb in the Palm Springs area, with 2,171 homes available for sale last week. This is the highest number we've seen all year. New escrows were down 3.7% to 111, and buyer activity continues to trend well below what we saw last year ...

The Monday Minute is text only this week due to illness. ☹️ COVID got me, but I should be back in business with the video next week. 

New listings are up, and inventory continues to climb as our market shifts out of the aggressive seller's market ...

Inventory continues to rise in the Palm Springs area, with over three times as many homes available for sale as there were at the beginning of the year. Price reductions topped 300 for the 2nd week in a row, and average selling prices were flat compared to last week.

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This week the inventory in the Palm Springs area rose to its highest number in over 2 years. With that increase in inventory, we saw buyer activity rise as well. 

Price reductions were up over 40% to 359, the highest number we've seen since we started tracking ...